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HealthSpace Appoints Advisory Board Members

VANCOUVER, BC – January 11, 2017 – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) is pleased to announce the appointment of Mr. George Moen and Mr. Ian Tostenson to the Advisory Board of the Company.

George Moen

Mr. Moen is a serial entrepreneur and business leader who specializes in topline growth across a variety of industries including extensive experience in the food and beverage industry. He founded his first business, Sandwich Tree, while in university and grew the restaurant chain to over a hundred stores across Canada. He subsequently founded and exited a number of successful businesses in technology, media and hospitality. Mr. Moen served as President of Blenz Coffee for five years until 2012 helping the franchise grow to over a hundred locations in Canada, Philippines and Japan. He then served as Chief Operating Officer for Inca One Gold Corp. He sits on the board of directors for Dynamic Oil and Gas Exploration Inc. and CanTest Solutions Inc. He is currently President and CEO of Rothbury Capital, a Canadian real estate investment company with strategic, income-producing investments in multiple US markets.

Ian Tostenson

As the dynamic, passionate and forward thinking President & CEO of the BC Restaurant and Food Services Association, Ian Tostenson combines energy and integrity with proven achievement in all areas of business. Mr. Tostenson spent most of his career leading and successfully growing Cascadia Brands, which owned Calona Vineyards, Sandhill Vineyards, Burrowing Owl Vineyards, Granville Island Brewing, Grady Wine Marketing and Potter Distilling.

He is an appointed director to the Premier’s Permanent Small Business Roundtable (advising government on issues and opportunities for small business) and took on the challenge as an appointed member of BC’s Climate Team to chart out BC’s carbon future. Mr. Tostenson was BC’s second chairman for the BC Wine Institute, a finalist in the Ernest & Young Entrepreneur of the Year Award and a recipient of the Business in Vancouver Top 40 Under 40 Award. He served on the Board as a Director and President of the David Foster Foundation for over 22 years, which continues to create a lasting legacy for the benefit of families with children requiring life-threatening organ transplants. He speaks to this cause regularly as well to the cause of H.A.V.E. CAFÉ, which he co-founded, sharing a passion to change lives in the downtown Vancouver eastside.

Mr. Peter Smyrniotis, CEO at HealthSpace commented, “The addition of George Moen and Ian Tostenson to HealthSpace’s strategic advisory board is a serious value-add to the management team and employees within our company. Their cumulative experience and credibility in building and working with food & beverage and hospitality organizations will further empower HealthSpace’s growth as we launch our HS Cloud Suite and HS Data programs into commercial enterprise. On a personal note, both George and Ian have invested their time in learning about the impact of HealthSpace’s services in both the US and Canada, and they have been proactive in enabling our team to accelerate our market engagement with private businesses. I am very happy to have them on board.”

The advisory board is expected to work closely with management to provide guidance and support in the planning and execution of the company’s growth strategy.

About HealthSpace Data Systems Ltd.

HealthSpace is an industry leader providing inspection, information and communication management systems for federal, state, county and municipal governments. Over the last decade, the Company has successfully developed both enterprise and mobile internet-based applications currently serving over 300 state and local government organizations across North America. Clients range in size from small county organizations to state-wide systems with over 910 concurrent users, as well as national programs. HealthSpace specializes in the field of developing, installing, and maintaining inspection and regulatory management systems for environmental and public health organizations.

Forward-Looking Statements

This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although HealthSpace believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. HealthSpace expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

For more information please contact:

Ali Hakimzadeh, Chairman
Peter J. Kletas
PJK & Associates Inc.
866-999-6251-Toll Free

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